Yeong Hwa Metal Co., Ltd. (KOSE:A012280) announces a share repurchase program. Under the program, the company will repurchase up to KRW 1,000 million worth of its shares pursuant to a contract with Busan Bank. The purpose of the buyback is to stabilize the stock price and enhance the corporate image of the company.

The plan will be valid up to May 14, 2025. As on May 13, 2024, the company had no shares in its treasury within scope available for dividend and had no shares in treasury through other repurchase.